The 5-Minute MBA: Takeaways From Top Investing & Business Books

The 5-Minute MBA: Takeaways From Top Investing & Business Books by Joshua Soong, CFA, Deerwood Capital

Get The Full Seth Klarman Series in PDF

Get the entire 10-part series on Seth Klarman in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

Who has time to read anymore? Except for billionaires of course, somehow they always find time to read books, newspapers, and the Robb Report.

It must be nice to be one of the few lucky people with the financial freedom to spend an hour each day for reading, thinking, and self-improvement. How can ordinary mortals with less than 3 commas ever catch up to them?

Getting an MBA at business school helps, but that costs $100,000 and two years. Reading a lot of books is equivalent to an MBA, but then again, if people had time to read entire books they would already be financially independent and not need to read said books. The rich only get richer, because they read!

So, as a small personal contribution to the struggle against wealth inequality, we came up with a solution. Compile the top investing and business books and summarize each with a one-sentencetakeaway. Absorbing our list of takeaways provides almost all the benefits of reading the books, but only requires five minutes.

For example, if we were listing the best movies of each decade and its key takeaway, the first entry would be: